Bloomberg's Ed Ludlow said that equity market investors are looking at CoreWeave's ballooning debt and the cost of maintaining that debt as it reassesses its credit risk. CoreWeave, a 'neocloud' company that only runs AI data centers, is supplied solely by chip giant Nvidia and runs AI processing for OpenAI and Microsoft. Both CoreWeave's CEO and Nvidia's Jensen Huang have downplayed concerns around CoreWeave's financial structure, bolstering the company's stock. (Source: Bloomberg)
On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses the latest from the White House. On today's show, Stonecourt Capital Partner Rick Davis, Third Way Executive Vice President Jim Kessler, Siena Research Institute Executive Director Don Levy and Democratic Congressman Greg Stanton of Arizona. (Source: Bloomberg)
Democratic Representative from Arizona Greg Stanton said that he isn't concerned about Democrats casting their sights too wide on potential midterm pickups and that putting forward moderate candidates who will 'fight to restore checks and balances' and appeal to independents is the way to win back control of congress in November. Stanton, who serves as chair of the New Democratic Caucus Political Action Committee, said that when it comes to further left candidates such as Abdul El-Sayed the party is a 'big tent.' (Source: Bloomberg)
Brazil's presidential runoff pits a left-wing stalwart against a right-wing lawmaker with ties to Donald Trump. Filipe Pacheco breaks down what's at stake. (Source: Bloomberg)
South Korea’s longstanding alliance with America is being tested by spats spanning from investment deals to intelligence leaks, compromising Seoul’s ability to respond to North Korea.
As the AI infrastructure boom drives a wave of data center construction, concerns over electricity costs, water use and local impacts are increasingly entering the political debate ahead of the midterms. Cato Institute senior fellow Jennifer Huddleston discusses the economic benefits data centers can bring to communities and why she argues the technology industry needs to do a better job explaining the role data centers play beyond generative AI. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Key Democrats on Thursday unveiled legislation that would force federal regulators to disclose financial records related Jeffrey Epstein and his associates.
The European Union is aiming to give speedy antitrust approval to a satellite venture seen as the bloc’s answer to SpaceX after intense talks with its partners Leonardo SpA, Airbus SE and Thales SA, according to a person familiar with the matter.
A federal judge in Washington dismissed a lawsuit filed by former CIA Director John Brennan to compel the Justice Department to take special steps to preserve records in an ongoing criminal investigation into President Donald Trump’s perceived political enemies.
The Trump administration sued California for allegedly failing to join an effort to remove suspected non-citizens from the state’s voter rolls, the latest escalation in the federal government’s clash with Democratic-led states in the run-up to the Nov. 3 midterm elections.
The FBI and US Postal Service are investigating a series of suspicious mailings to state election officials across the country, some of which contain unknown substances, officials told reporters on Thursday.
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Inflation fears are back in focus as markets await Fed Chair Kevin Warsh. Plus, CoreWeave crashes as AI debt worries grow, while Anthropic’s surging revenue collides with new calls to delay its IPO. Pershing Square CIO Ryan Israel on investing beyond AI, Anastasia Amoroso on rates, and Bloomberg's Enda Curran on why inflation still stings. (Source: Bloomberg)
Israeli Prime Minister Benjamin Netanyahu said he spoke to Syrian President Ahmed al-Sharaa last year as part of an intervention on behalf of the threatened Druze minority in the Arab country.
The new White House task force on artificial intelligence holds its first meeting today, as the Trump administration faces mounting pressure to take a more aggressive approach to AI safety.
Libby Cantrill, Managing Director: Public Policy at PIMCO, discusses AI policy outlook as well as other top-of-mind topics ahead of midterms. (Source: Bloomberg)
Former Venezuelan President Nicolás Maduro told a judge that US allegations against him, including new claims that he conspired to torture US citizens detained in his country, are false.
Violent anti-government protests spread across Albania on Thursday as Prime Minister Edi Rama tried to calm tensions with an offer to meet with demonstrators. (Source: Bloomberg)
The UK is sending Ukraine more long-range Storm Shadow missiles so it can disrupt Russian military operations targeting its civilian infrastructure before the winter, people familiar with the matter said.
Bloomberg Fed and Economy Reporter Enda Curran explains why inflation still stings despite cooling from pandemic-era highs. Tariffs, energy costs and AI demand are pushing prices up, while relief in a few categories is limited. He also discusses the Fed’s 2% target and the credibility risks of changing it. (Source: Bloomberg)
The super political action committee tied to House Speaker Mike Johnson said it raised $94.4 million in the third quarter and entered October with $155.2 million in cash on hand as it shifts money to more competitive races before next month’s midterm elections.
Lebanon’s central bank this week revoked the local license of Bank Saderat, one of Iran’s biggest lenders, as the US raises pressure on nations to cut commercial ties with the Islamic Republic.
